National Pension System

According to the Ministry of Finance, even eligible past retirees under NPS can exercise this option. But they must do so by the September 30 deadline.

Govt extends one-time option to employees who opted for NPS to migrate to Unified Pension Scheme

From April 1, 2025, the government has introduced UPS as an option under the National Pension System (NPS) for central government employees. UPS will provide assured payouts to the employees.

Employees entitled to assured payout on pro-rata basis on VRS after 20 years service or more: Govt

In case of death of a subscriber after taking VRS but before start of assured payout, legally wedded spouse shall be granted family payout from the date of death of the subscriber, it said.

UPS to NPS switch: Central govt launches one-time switch option for UPS to NPS

The rules govern service-related matters and benefits of Central govt employees who choose the UPS as an option under National Pension System.

No proposal under consideration for restoration of Old Pension Scheme: FM Sitharaman 

In a reply in the Lok Sabha, Sitharaman said that the government had moved away from OPS due to its unsustainable fiscal liability on the government exchequer.

How to choose the right annuity plan in NPS?

Compulsory annuitisation under NPS is an essential requirement for novice senior citizens. Before buying the annuity, a NPS subscriber has to assess his future financial needs, available annuity and payout options and also review the terms and conditions of the annuity contract, experts say.

NPS Vatsalya: A new savings scheme for minors with major shortcomings

NPS Vatsalya seems to be a non-starter in the present model and citizens have better avenues with accessibility and tax efficiency, like equity mutual funds available to save for their needs.

Centre may guarantee 50% of last pay as pension under NPS: Report

Officials contend that employees who remain invested for 25-30 years are currently experiencing satisfactory returns comparable to OPS pensioners.

How to make the best use of NPS investment choices and withdrawal options

By contributing to a Tier I (retirement) account, investors can secure their retirement foundation, enjoying the benefits of a disciplined savings mechanism and tax advantages, while Tier II (investment account) allows for the management of additional savings with greater flexibility, catering to evolving financial needs and opportunities.

NPS’ new systematic lump-sum withdrawal rules: Should you opt for it?

Go for systematic withdrawal if you are looking for regular income with higher returns that come with staying invested in equities. But if you wish to move your corpus to fixed income instruments, choose lump-sum withdrawal, say financial advisors.

National Pension System AUM set to touch Rs 12 lakh crore by March 2024: PFRDA Chairman

NPS crossed Rs 10 lakh crore in assets under management in August 2023.

Is NPS the best retirement planning tool?

NPS can be a viable investment option for retirement planning, considering the tax benefits and asset mix. However, investors need to evaluate the tax implications and future returns, especially regarding annuity investment and withdrawal policies

Why NPS Tier-II tax saver scheme has failed to gain traction with central government employees 

The NPS-TTS provides tax benefit to the central government subscribers for investment up to Rs 1.5 lakh under section 80C but is unpopular due to a heavy fixed-income component.

70% of NPS annuity subscribers choose single life policy to pass on principal to nominee: PFRDA

According to the Handbook of NPS 2023, over 1,09,344 subscribers opted for annuity plans at the time of superannuation/exit since the launch of the National Pension System. Of them, 70 percent chose the Annuity for Life with Return of Purchase Price plan.

MC Exclusive: Govt-appointed panel will explore how NPS can be improved for its employees: PFRDA Chairman Deepak Mohanty

Enhancing pension literacy and awareness, growing the corporate sector, individual National Pension System (NPS) and Atal Pension Yojana (APY) subscriber base will be among the key objectives of the PFRDA chairman this year.

NPS sees remarkable 650% growth in voluntary subscribers' AUM, outpacing other segments

Ever since the ‘all citizen model’ was introduced in 2009, the NPS attracted more number of voluntary subscribers to 30 lakh. Their asset base in NPS grew by 650% in the last five-years

NPS: Securing India’s greying population

With the flexibility to adjust the asset mix based on life stage and the advantage of low management fees ranging from 3 to 9 bps, the NPS presents a compelling opportunity to build a substantial retirement corpus.

Active vs Auto: Which National Pension Scheme investment choice is better for FY2023-24?

Go for 'Active' choice if you have the time and skill to actively rebalance your NPS corpus regularly; pick Auto if you want to outsource asset allocation decision-making.

Best stock picks for NPS-II when low volatility and flexibility matter the most

NPS- II is among the best kept secrets in the National Pension Scheme architecture. Only those investors with a NPS-1 account can open a NPS-2 account. Ten NPS managers offer Tier – II equity funds investing predominantly in the large-cap stocks. Expect a high degree of safety from NPS stock picking

Six money rules for your wallet this October

From tokenisation of cards to nominations while investing in National Pension System and mutual funds to charges introduced for paying rent using credit cards, a lot is happening in October. Here is what you need to watch out for.

New pension scheme is better than the old one. Are state governments listening?

Government employees may prefer the old pension scheme because of assured payouts and family pension but question marks over its feasibility cannot be wished away, experts say

Did you know that NPS schemes invest in midcaps too? Check out their favourites

Allocation to midcap stocks aside, tax benefits under Section 80C and Subsection 80CCD (1B) also make National Pension System attractive

MC Explains | How much can you withdraw from NPS?

 Is NPS a better alternative to EPF after tax on interest on contribution over Rs 2.5 lakh? Market-linked returns may seem attractive, but on the flipside, maximum lump-sum withdrawal of 60 percent of retirement corpus, with the rest being converted into annuities, is a limitation.

Economic Survey 2022 | NPS-for-all saw maximum growth in FY2021-22

Corporate sector model too sees a sharp rise of 42.13 percent in NPS contributions.